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News Explorer — Half of the People in Turkey Now Own Crypto: Report

September 2, 2023
in Australian Crypto News
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Half of the People in Turkey Now Own Crypto: Report

Crypto adoption in Turkey has increased from 40% to 52% over the past year and a half, according to a survey conducted by KuCoin. The growing number of crypto investors in Turkey indicates a rising interest in using cryptocurrency as a hedge against inflation, especially with the devaluation of the Turkish lira. Bitcoin is the most popular cryptocurrency among Turkish investors, followed by Ethereum and stablecoins.

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Half of the People in Turkey Now Own Crypto: Report

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